£504,380
This estimated value is based upon the latest sale price for the house of £500,000 on 18 Apr 2024. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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1029 London Road, Thornton Heath, CR7 6JF
Phone: 02034630337
| Price Paid | Date |
|---|---|
| £500,000 | 18 Apr 2024 |
| £136,300 | 18 Apr 2000 |
| £68,500 | 15 Jul 1996 |
| Terraced |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for GREATER LONDON to estimate the market value.
When this house was purchased in April 2024 the House Price Index for GREATER LONDON was 148.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.876%.Applying this 0.876% change to the original purchase price of £500,000 results in an estimated price of approximately £504,380.
| 18 Apr 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.4 | 149.7 | 0.876 % | £500,000 | £4,380 | £504,380 |
The Postcode Pricing Model uses changes in average sales price within the CR7 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | -8.349 % | £-41,744 | £458,255 |
| 3 Month Average | 33.068 % | £165,342 | £665,342 |
| 6 Month Average | -1.180 % | £-5,899 | £494,100 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Oct 2023 | £539,759 | £527,500 | 125 WINTERBOURNE ROAD |
| 22 Sep 2023 | £363,002 | £355,000 | 12 BRIDPORT ROAD |
| 20 Feb 2023 | £302,017 | £300,000 | 96 WINTERBOURNE ROAD |
| 14 Feb 2023 | £387,589 | £385,000 | 54 TOTTON ROAD |
| 14 Apr 2022 | £798,815 | £770,000 | 14 TOTTON ROAD |